Debt was not born in the 21st century. Since the Middle Ages, through the French Revolution, the French state has had to manage its public finances. Jean-Marc Daniel, specialist in the history of economic thought, sheds light on this French passion for debt over the centuries.
The French state discovered debt and its consequences in the 13th century. In this first episode, La Loupe tells you about the creation of the King’s Treasury and how the kingdom must already go into debt to wage war.
To replenish your coffers, isn’t the first solution to give up what you own? In this second episode, La Loupe returns to this solution used by the State for several centuries already.
France has tried this more than once to cancel part of its debt with a simple declaration. In this third episode, discover the incredible story of the last bankruptcy of the State, in a revolutionary context.
In this last episode, we talk about devaluation of the franc. The choice that the French state made to respond to the economic crisis between the wars.
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